Business Developments & Projects
Morlais tidal power scheme gets environmental support hand
Menter Môn, the manager of the Morlais tidal energy project, has hired a Swansea-based company Juno Energy to assist it with the development of environmental support services for the scheme located off North Wales.
Baltic Exchange to provide standardised emissions reference point for shipping industry
London-based maritime industry information provider Baltic Exchange is developing a project that aims to provide a standardised emissions reference point and find a simpler way to understand round voyage emissions against the transport work done. Starting on 1 January 2023, two new energy efficiency
In focus: Global hunt for energy security revving up as Russian crisis jolts supply chains
With the next United Nations Climate Change Conference approaching in a few months, governments and energy companies around the globe are working on strategies on how to shift from fossil fuels to renewable energy.
Another tender opens for new Mediterranean interconnector
A government-owned Maltese company has issued a tender looking to appoint a contractor to deliver the environmental impact assessment (EIA) for a new interconnector in the central Mediterranean.
Port of Kiel: Artania connects to shore power for the first time
Artania, a cruise ship operated by Germany’s travel agency Phoenix Reisen, used shore power for the first time while at berth at the Port of Kiel on 21 July 2022.
Subsea 7 plants first cables for Hywind Tampen floating offshore wind farm
Subsea 7 has laid the first subsea cables in the water for the 94.6 MW Hywind Tampen floating wind farm offshore Norway. JDR Cable System is in charge of supplying the electric cables for the project from its factory in Hartlepool, the UK, while Subsea 7 is responsible for the installation of the ca
Three key elements of future-fit energy super basins – WoodMac
Wood Mackenzie, an energy intelligence group, spots common threads between the energy super basins of the future.
Ocean Harvesting files new patent application for wave energy device
Swedish company Ocean Harvesting Technologies has filed a new patent application for an improved wave energy system with standard components.
Wood Mackenzie outlines scenarios for Europe as stability of Russian gas flows ‘remains uncertain’
The stability of Russian gas flows to Europe remains uncertain, despite the reopening of the Nord Stream 1 pipeline, as further disruptions are expected as winter approaches, Wood Mackenzie stated, outlining two potential scenarios. Nord Stream restarted gas transmission yesterday, 21 July, after a
Wärtsilä officially exits Russian market
Finnish marine and energy technology group Wärtsilä has completed its orderly exit from the Russian market following its announcement of scaling down activities in April 2022.
Biofuel debut for AIDA Cruises ship in Rotterdam
German cruise line AIDA Cruises, part of Carnival Corporation, has started using biofuels as part of its CO2 emission reduction strategy.
Wavepiston secures €600K in investment commitments
Danish company Wavepiston has through its ongoing capital raise secured €600,000 in investment commitments that will be used to further advance its wave energy technology.
Zodiac Maritime, others invest in TES to accelerate energy transition
Tree Energy Solutions (TES), a Belgium-based green hydrogen company, has concluded its second fundraising round at €65 million ($66.2 million).
15 banks secure financing for SBM Offshore’s largest FPSO so far
Dutch FPSO operator SBM Offshore has completed the project financing for its largest FPSO so far, which will work for ExxonMobil off Guyana.